• bitcoinBitcoin(BTC)$79,776.001.11%
  • ethereumEthereum(ETH)$2,530.502.81%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$711.121.83%
  • rippleXRP(XRP)$1.440.08%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$104.027.11%
  • tronTRON(TRX)$0.335772-0.66%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.00-0.68%
  • HyperliquidHyperliquid(HYPE)$82.280.30%
  • dogecoinDogecoin(DOGE)$0.0886042.22%
  • zcashZcash(ZEC)$796.031.08%
  • RainRain(RAIN)$0.0175970.10%
  • USDSUSDS(USDS)$1.000.02%
  • chainlinkChainlink(LINK)$11.854.30%
  • whitebitWhiteBIT Coin(WBT)$73.811.32%
  • leo-tokenLEO Token(LEO)$9.29-0.06%
  • moneroMonero(XMR)$446.63-0.46%
  • cardanoCardano(ADA)$0.2150892.01%
  • stellarStellar(XLM)$0.1873581.21%
  • bitcoin-cashBitcoin Cash(BCH)$272.902.23%
  • CantonCanton(CC)$0.116956-0.64%
  • daiDai(DAI)$1.000.01%
  • USD1USD1(USD1)$1.000.02%
  • Ethena USDeEthena USDe(USDE)$1.000.02%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.42-0.16%
  • litecoinLitecoin(LTC)$49.93-0.90%
  • hedera-hashgraphHedera(HBAR)$0.0784500.80%
  • Global DollarGlobal Dollar(USDG)$1.000.00%
  • avalanche-2Avalanche(AVAX)$7.430.56%
  • shiba-inuShiba Inu(SHIB)$0.0000051.91%
  • suiSui(SUI)$0.771.33%
  • crypto-com-chainCronos(CRO)$0.0607533.00%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • tether-goldTether Gold(XAUT)$4,589.80-0.51%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • uniswapUniswap(UNI)$4.464.03%
  • paypal-usdPayPal USD(PYUSD)$1.000.00%
  • MemeCoreMemeCore(M)$1.13-2.11%
  • nearNEAR Protocol(NEAR)$1.933.28%
  • BittensorBittensor(TAO)$257.979.75%
  • okbOKB(OKB)$113.24-0.97%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.14-0.27%
  • Ripple USDRipple USD(RLUSD)$1.000.02%
  • aaveAave(AAVE)$129.862.14%
  • pax-goldPAX Gold(PAXG)$4,593.15-0.62%
  • AsterAster(ASTER)$0.722.49%
  • Pump.funPump.fun(PUMP)$0.004810-0.42%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.058495-0.31%
  • OndoOndo(ONDO)$0.3788153.11%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Meta calls out YouTube, TikTok after historic $18 billion settlement

August 26, 2026
in Business
Reading Time: 4 mins read
A A
Meta calls out YouTube, TikTok after historic  billion settlement
ShareShareShareShareShare

Meta’s historic $18 billion deal to settle a federal lawsuit alleging it fueled a teen mental health crisis has a major caveat – its chief rivals TikTok and Google-owned YouTube must agree to make the same safety changes to their apps before Mark Zuckerberg will pay the full amount of the deal.

YOU MAY ALSO LIKE

Nelson Peltz’s Trian has no plans to make bid for Wendy’s right now, sources say

Nvidia forecasts quarterly revenue above estimates, shares rise

Under the bizarre clause, Meta is initially on the hook for 70% of the payment, or about $12.7 billion. The remaining 30%, which totals $5.3 billion, will be “released” only in the event that TikTok and YouTube pay a combined $5.3 billion and impose changes including a one-hour daily usage limit for teens, a “night mode” barring use during bedtime hours and age verification.

Meta went as far as publicly calling out its rivals in an open letter, writing that “these protections will only be truly effective if we work with our peers — TikTok and YouTube — to put the same measures in place.”

Mark Zuckerberg’s Meta struck a historic settlement with a coalition of state AGs. AFP via Getty Images

Both TikTok – which recently struck a sweetheart $400 million settlement with the Justice Department in a separate kids’ privacy lawsuit – and YouTube were staying silent about Meta’s call to action as of Wednesday afternoon, despite multiple requests for comment.

The $18 billion settlement was announced just days into a historic trial brought by the coalition of state attorneys general, who accused Meta of getting kids hooked on social media and ignoring harms like anxiety, depression and even suicide to protect their profits.

TikTok and Google-owned YouTube have yet to respond to Meta’s open letter. AlexPhotoStock – stock.adobe.com

While the terms of the settlement were widely praised by online safety watchdogs, some advocates nevertheless took issue with some of the specifics – including the $5.3 billion carveout, a lack of action against Meta’s recommendation algorithms, and the fact that the agreement expires after 10 years.

Start your day with all you need to know

Morning Report delivers the latest news, videos, photos and more.

Thanks for signing up!

“The fact that Meta doesn’t have to pay the full penalty unless its corporate rivals follow suit underscores that this settlement is not nearly enough to create a safer, less addictive internet,” said Fairplay executive director Josh Golin. “Families can’t wait for time-consuming, resource-intensive litigation against all the social media companies to be resolved.

Here are the details of Meta’s historic $18B settlement by the numbers:

  • $18 billion: The biggest payout, by far, in Meta’s history — dwarfing the $5 billion fine paid to the FTC in 2019.
  • 33 days: how long it takes Meta to earn $18 billion, based on its $200.1 billion in revenue in fiscal 2025.
  • 30%: Meta has agreed to pay 70% of the $18 billion settlement, but the final portion ONLY if its rivals TikTok and YouTube agree to pay a combined $5.3 billion of their own — and make the same app design changes.
  • 2 hours: the daily time limits Meta agreed to impose on teen use of Facebook and Instagram. The limit drops to one hour if TikTok and YouTube agree to do the same.
  • 6 hours: “Night mode” default setting that blocks teen access between midnight and 6 am.
  • 10 years: the length of time that most clauses in the settlement will remain in place.
  • Three: Major changes to the teen experience, including a ban on so-called “cosmetic surgery and extreme makeup filters”; “Likes” and other reactions removed from teen posts by default; and stronger parental oversight and controls on how teens use its apps.
  • Zero: Changes or restrictions to Meta’s recommendation algorithm, as pointed out by famed psychologist Jonathan Haidt, who notes it is “engineered to maximize young people’s engagement even with content that harms them.”

“If Meta really cares about industry wide standards, they shouldn’t have spent the last 4 years lobbying against the Kids Online Safety Act,” Golin added, referring to a pending bill that would impose a legal duty of care to protect kids online.

Several state AGs are already turning up the pressure on Meta’s social media rivals to follow suit. Nattakorn – stock.adobe.com

Meanwhile, several state AGs are already turning up the pressure on Meta’s social media rivals to follow suit with the safety changes.

“To TikTok, YouTube and Snapchat — our expectations are clear. You’re next,” Connecticut Attorney General William Tong said in a statement.

Credit: Source link

ShareTweetSendSharePin

Related Posts

Nelson Peltz’s Trian has no plans to make bid for Wendy’s right now, sources say
Business

Nelson Peltz’s Trian has no plans to make bid for Wendy’s right now, sources say

August 26, 2026
Nvidia forecasts quarterly revenue above estimates, shares rise
Business

Nvidia forecasts quarterly revenue above estimates, shares rise

August 26, 2026
Immigrant businesses who spoke out against Mamdani supermarkets say they’re getting hit with NYC sanitation fines
Business

Immigrant businesses who spoke out against Mamdani supermarkets say they’re getting hit with NYC sanitation fines

August 26, 2026
Meta to limit teens to two hours daily on Facebook, Instagram
Business

Meta to limit teens to two hours daily on Facebook, Instagram

August 26, 2026
Next Post
Meta to limit teens to two hours daily on Facebook, Instagram

Meta to limit teens to two hours daily on Facebook, Instagram

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
This is what it sounds like to live near a data center

This is what it sounds like to live near a data center

August 21, 2026
Tropical Storm Lala set to slam Hawaii

Tropical Storm Lala set to slam Hawaii

August 23, 2026
Trump signs executive order on childhood vaccines

Trump signs executive order on childhood vaccines

August 26, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!